SG Americas Securities LLC Takes Position in National Beverage Corp. (NASDAQ:FIZZ)

SG Americas Securities LLC purchased a new stake in National Beverage Corp. (NASDAQ:FIZZ) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 3,525 shares of the company’s stock, valued at approximately $175,000.

Other hedge funds have also made changes to their positions in the company. Qube Research & Technologies Ltd grew its stake in shares of National Beverage by 59.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 117,144 shares of the company’s stock valued at $5,508,000 after buying an additional 43,864 shares during the period. Lido Advisors LLC purchased a new stake in shares of National Beverage in the 3rd quarter valued at approximately $462,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of National Beverage by 43.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,248 shares of the company’s stock valued at $200,000 after buying an additional 1,292 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of National Beverage by 50.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 196,288 shares of the company’s stock worth $9,229,000 after purchasing an additional 65,702 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of National Beverage by 65.1% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 51,266 shares of the company’s stock worth $2,411,000 after purchasing an additional 20,208 shares during the period. Hedge funds and other institutional investors own 23.95% of the company’s stock.

Insiders Place Their Bets

In other National Beverage news, Director Cecil D. Conlee sold 12,000 shares of the stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of $47.94, for a total transaction of $575,280.00. Following the sale, the director now directly owns 60,480 shares in the company, valued at approximately $2,899,411.20. The transaction was disclosed in a document filed with the SEC, which is available through this link. 75.00% of the stock is owned by company insiders.

National Beverage Stock Performance

NASDAQ:FIZZ opened at $46.28 on Monday. The stock has a market capitalization of $4.33 billion, a P/E ratio of 25.57 and a beta of 0.84. The company has a 50 day moving average price of $48.84 and a 200 day moving average price of $48.37. National Beverage Corp. has a fifty-two week low of $43.74 and a fifty-two week high of $55.12.

National Beverage (NASDAQ:FIZZ) last posted its quarterly earnings data on Thursday, March 7th. The company reported $0.42 earnings per share for the quarter. The firm had revenue of $270.07 million during the quarter. National Beverage had a net margin of 14.34% and a return on equity of 38.23%.

About National Beverage

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company's Power+ brand portfolio offers sparkling water products under the LaCroix, LaCroix Cúrate, and LaCroix NiCola; non-carbonated flavored water under the Clear Fruit; energy drink and shots under the Rip It; juice and juice-based products under Everfresh, Everfresh Premier Varietals, and Mr.